Saudi Arabia's Public Investment Fund (PIF) has reportedly acquired a 30% stake in Saudi Tabreed, a leading cooling services provider in Saudi Arabia, according to a report in Bloomberg and Reuters.
Saudi Arabia’s economy continues its streak of growth with positive data points in key areas like non-oil PMI, consumer spending, and point of sale transactions, according to the latest monthly chartbook released by Jadwa Investment.
Saudi Arabia's King Salman bin Abdulaziz declared Wednesday as a public holiday after the Saudi soccer team beat Argentina in the World Cup on Tuesday in a thrilling and historic upset that will long be remembered and celebrated by Saudis.
Saudi Arabia has announced 66 new initiatives as part of its environmental plan at the UN global climate change summit taking place in the Egyptian resort town of Sharm El-Sheikh, according to reports.